1747 E Apache Blvd 1.95 Acres of Commercial Land Offered at $11,000,000 in Tempe, AZ 85281
INVESTMENT HIGHLIGHTS
- 5 Stories Approved, 7 Story Potential
- Reasonable Times For Site Plan Approval Permissible
- Seller Financing Possible
- Located in an Opportunity Zone and Along the Light Rail
EXECUTIVE SUMMARY
Tempe, Arizona is situated in the heart of Maricopa County. Tempe is a top technology center in Arizona and a leading choice for major corporations. Major city initiatives focus on transportation, accessibility, sustainability, quality of life, open data, performance metrics, and inclusivity.
Tempe maintains one of the most thriving economic environments in the country. Top research firms, Fortune 500 companies and start-ups all find what they need to start, grow and thrive in Tempe.
Tempe is located in the East Valley section of metropolitan Phoenix; it is bordered by Phoenix and Guadalupe on the west, Scottsdale and the Salt River Pima–Maricopa Indian Community on the north, Chandler on the south, and Mesa on the east. Tempe is also the location of the main campus of Arizona State University.
• 5 Stories Approved, 7 Story Potential
• Seller Financing PossibleSeller Financing Possible
• Reasonable Times For Site Plan Approval Permissible
• Located in an Opportunity Zone and Along the Light Rail
PROPERTY FACTS
| Price | $11,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 1.95 AC |
| Opportunity Zone |
Yes |
| Zoning | MU-4 PAD TOD, Tempe - Link: https://library.municode.com/az/tempe/codes/zoning_and_development_code?nodeId=ZONING_DEVELOPMENT_CODE_PT3_LAUS_CH2_PEUSCOMIEDI_S3-201PUAP |
1 LOT AVAILABLE
Lot
| Price | $11,000,000 |
| Price Per AC | $5,641,025.64 |
| Lot Size | 1.95 AC |
• 5 Stories Approved, 7 Story Potential • Seller Financing Possible • Reasonable Times For Site Plan Approval Permissible • Located in an Opportunity Zone and Along the Light Rail
DESCRIPTION
EXCLUSIVELY REPRESENTED BY ORION INVESTMENT REAL ESTATE - Linda Fritz-Salazar / Angelessa Ritchie / Nick Miner, CCIM--Tempe, Arizona is situated in the heart of Maricopa County. Tempe is a top technology center in Arizona and a leading choice for major corporations. Major city initiatives focus on transportation, accessibility, sustainability, quality of life, open data, performance metrics, and inclusivity. Tempe maintains one of the most thriving economic environments in the country. Top research firms, Fortune 500 companies and start-ups all find what they need to start, grow and thrive in Tempe. Tempe is located in the East Valley section of metropolitan Phoenix; it is bordered by Phoenix and Guadalupe on the west, Scottsdale and the Salt River Pima–Maricopa Indian Community on the north, Chandler on the south, and Mesa on the east. Tempe is also the location of the main campus of Arizona State University. • 5 Stories Approved, 7 Story Potential • Seller Financing Possible • Reasonable Times For Site Plan Approval Permissible • Located in an Opportunity Zone and Along the Light Rail
